Young Founders are less likely to Succeed!! On average, founders of high-tech startups launch their companies at 42 years old. For the top 0.1% of startups-those with the highest growth or successful exits-the average founder age climbs to 45 years. In software startups, younger founders are more common, with an average founder age of 40. But in industries like biotech or oil & gas, where expertise is critical, the average age rises to 47. Additionally, founders with at least three years of prior work experience in the same industry as their startup are 85% more likely to launch a highly successful company. This data challenges the myth of the young entrepreneur and highlights the value of experience, networks, and industry knowledge in building impactful businesses. What's your POV?
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